2024 Maximum 401k Contribution Over Age 50

2024 Maximum 401k Contribution Over Age 50. That limit also applies to 457, 403 (b) and the federal. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.


2024 Maximum 401k Contribution Over Age 50

The 401 (k) compensation limit is $345,000. The total maximum that can be tucked away in your 401 (k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024.

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